All businesses should have robust terms and conditions in place which set out the legal framework for the relationship between the business and its customers. This will help to ensure clarity and protection for both parties involved in commercial transactions.
Where an employee is discriminated against by their employer in relation to a protected characteristic, they can bring a number of claims under the Equality Act 2010. The protected characteristics set out in this Act are age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex and sexual orientation.
Bermans Jon Davage and Laura McMorland recently advised the management team at Clarion Wealth Planning Limited on its management ownership transaction.
It is with sadness that we announce that Bermans founder, Keith Berman, has passed away.
Bermans was founded in 1970 in Liverpool by Keith. By adopting from the start an effective approach which focused on achieving the Client’s business objectives quickly and economically, the Firm was able to make rapid inroads on a national scale and throughout the North West.
The landscape surrounding sexual harassment in the workplace has changed significantly following the #MeToo movement dating back to 2017. Since then, following reports published in 2021 by the Equality and Human Rights Commission (EHRC) and the Women and Equalities Select Committee (WESC), the government acknowledged that existing legal protections against harassment in the workplace left room for improvement. It launched a consultation to consider sexual harassment in the workplace including whether a mandatory duty should be imposed upon employers to ensure employees are better protected from sexual harassment.
The utilisation of Employee Ownership Trusts (EOTs) as a way of exiting a business has grown massively in recent times. This is partly due to the considerable tax benefits it can propose for a selling shareholder, but also because of the long-term advantages it can create for the business subject to the sale.
This article summarises EOTs typical structures and highlights some of its key advantages– for both the selling shareholders and the company being sold.